Nagreeka Exports' Financial Performance Declines, MarketsMOJO Issues 'Sell' Call

According to the latest financial results declared on November 14, 2024, Nagreeka Exports, a microcap trading company, has seen a decline in its financial performance for the quarter Q2 FY24-25. The company's score has fallen from -2 to -8 in the last three months, indicating a negative trend.

The company's Profit After Tax (PAT) for the nine-month period has decreased by 46.72% year on year, standing at Rs 5.12 crore. The near-term trend for PAT is also negative. Additionally, the company's Operating Cash Flow for the year has been the lowest at Rs -2.25 crore and has been falling each year for the past three years. This indicates a decline in the company's cash revenues from business operations.

In terms of sales, Nagreeka Exports has reported the lowest net sales of Rs 136.98 crore in the last five quarters. The near-term trend for sales is also negative. Furthermore, the company's net sales for the quarter have fallen by 8.7% compared to the average net sales of the previous four quarters, which stood at Rs 150.04 crore. This indicates a negative trend in sales in the near term.

Based on these financial results, MarketsMOJO has given a 'Sell' call for Nagreeka Exports' stock. Investors are advised to carefully consider these financials before making any investment decisions.